Prison operators hurt after Harris-Trump debate

Geo

11/09/2024 15:20

(Updates)
    ** Shares of prison operators fall after first-ever debate 
between U.S. Vice President Kamala Harris and former President
Donald Trump
        ** GEO Group  GEO.N  down 10.8%, while CoreCivic  CXW.N 
lost 6.8%
    ** GEO hit a six-month low and headed for the worst day in
over one-year if losses hold
    ** Betting markets shifted in favor of Harris after
Tuesday's presidential debate
    ** Republican Trump has promised to crack down on illegal
immigration if elected, which would benefit prison operators 

 (Reporting by Pranav Kashyap and Shashwat Chauhan in Bengaluru)
 ((Pranav.Kashyap@thomsonreuters.com; +919886482111;))